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tivity Take: Practice! Analysis of Receivables Method Analysis of Receivables Method At the end of the current year, Accounts Receivable has a balance of $770,000;

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tivity Take: Practice! Analysis of Receivables Method Analysis of Receivables Method At the end of the current year, Accounts Receivable has a balance of $770,000; Allowance for Doubtriul Accounts has a credit balance of $7,00; and sales for the year total $3,470,00. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $32, a. Determine the amount of the adjusting entry for uncollectible accounts. Accounts, and Bad Debt Expense. b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts Receivable Allowance for Doubtful Accounts

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